suppose the price of gasoline decreases as a result of a decrease in demand. assuming everything else remains constant, what is one result of this change?
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One result of a decrease in the price of gasoline due to a decrease in demand, assuming everything else remains constant, is an increase in consumer purchasing power.
When petrol prices fall, customers spend less on fueling their cars, which frees up more cash that may be used to purchase other goods and services. This rise in consumer spending power has the potential to boost demand and economic activity by encouraging consumer expenditure in other areas of the economy. Additionally, it could help consumers who depend heavily on transportation by lowering their overall costs and thereby enhancing their financial freedom.
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Related Questions
Disadvantages of choosing a job that is extremely popular or in demand
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The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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explain the negative effects that will arise as a result of the management's actions that often practice favoritism in the process of hiring new employees
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Answer:
When management practices favoritism in the process of hiring new employees, it can lead to negative effects on both the organization and its employees, including:
1. Decreased morale: Employees who are passed over for promotions or job opportunities due to favoritism may become demotivated and feel undervalued. This can result in decreased productivity, higher absenteeism, and even employee turnover.
2. Decreased trust: When management practices favoritism, it erodes trust among employees and between employees and management. Employees may feel that the organization is not transparent or fair in its practices, which can lead to a lack of commitment and loyalty.
3. Decreased diversity: Favoritism can lead to a lack of diversity in the workplace, as managers may favor candidates who share their same background, experiences, or opinions. This can limit the perspectives and ideas brought to the table and may negatively impact the organization's performance and growth.
4. Legal repercussions: Favoritism in the hiring process can result in legal issues for the organization, including discrimination lawsuits or complaints filed with government agencies. This can damage the organization's reputation and result in financial penalties or other legal consequences.
Explanation:
In conclusion, the negative effects of management's actions of favoritism in the process of hiring new employees can be significant, and can impact the organization's overall performance and success. It is important for management to establish fair and transparent hiring practices, which can help to ensure that all employees are valued and given equal opportunities for career advancement.
Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a:.
Answers
If the long-run demand for oranges is the same as the short-run demand, a binding price ceiling will result in a shortage that is larger in the long run than in the short run.
What is a binding price ceiling?
A binding price ceiling is when the government or an agency of the government sets the maximum price for a product below the the equilibrium price.
In the long run, as a result of the binding price ceiling, there would be a decrease in the supply of oranges. If the demand in the long run and short run is the same, there would be a shortage.
Here is the complete question:
Because it takes many years before newly planted orange trees bear fruit, the supply curve in the short run is almost vertical. In the long run, farmers can decide whether to plant oranges on their land, to plant something else, or to sell their land altogether. Therefore, the long-run supply of oranges is much more price sensitive than the short-run supply of oranges.
Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a:.
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Who determines the price of a good or service for other firms in an industry?
producers
consumers
price leader
manufacturer
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The price leader is the one who sets the price of a good or service for other companies in an industry.
What is price leadership?It corresponds to a company that is more positioned in the market, that is, it has reached a leadership position in its sector and is capable of determining the price of a good or service for other companies based on direct influence.
Therefore, the price leader is the company that influences the entire market with its strategic actions. A market sector that is likely to have a price-leading company will have higher entry barriers, with inelastic demand and less differentiation between products and services.
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This table shows the CTSOs that four high school students are involved in: A 2-column table with 4 rows. Column 1 is labeled Student with entries Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Assuming the students continue down the same career path, which table shows the professional organization that each student would most likely be a part of in the future? A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A F P, A A S A, A S M E, A M A. A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A S M E, A A S A, S A G, A C S. A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries S A G, A C S, A F P, A M A. A 3-column table with 4 rows. Column 1 is labeled Student with entries Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A S M E, A A S A, A F P, A M A.
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Answer:
The answer is A
Explanation:
True or false: In a business setting, emails will always get read, even if they are hard to read. True false question. True False
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i think this is true im not sure
the four key attributes of strategic management do not include:______.
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The four key attributes of strategic management do not include
formulation, implementation, evaluation and modification.
In economic and business, Strategic management generally can be defined as the ongoing planning, assessment, monitoring, and also analysis of all necessities an organization needs to meet its goals and objectives. A strategic management is needed for a company or organization because it is important through the continuity of company. Organizations are constantly assess their strategies for success by changes in business environments.
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in order to be successful and Organisation must change its goal according to the needs of the environment which characteristic of management is highlighted in the statement?
Answers
Answer:
Dynamic function
Explanation:
Dynamic function of management speaks to the ever changing business environment such as customers expectation, business regulation,competition, suppliers, creditors etc.
It is expected of business management to change goals inorder to align with the need of the environment. Changing goals means making adjustments to decisions based on the changing business environment for survival purposes.
For instance, if a particular product is banned in a country where it is sold, management of an organization producing such product must discontinue the product and look for another line of production so that they can remain relevant in business.
According to the U.S. Census Bureau, in 1950, 39.3 million families had a child under 18 at home. Suppose a recent study found that number had decreased by 9.3%. How many million families had a child under 18 at home according to this study? Round the number of millions to the nearest tenth.
Answers
Answer: 35.7 million
Explanation:
Number of families that have a child of under 18 at home = 39,300,000
Percentage decrease = 9.3% = 0.093
The number of families that had a child under 18 at home according to this study will be:
= 39.3 million - (39.3 million × 0.093)
= 39.3 million - 3.6549 million
= 35.6451 million
= 35.7 million
Complaints of fair housing discrimination must be filed with the Human Rights Commission within 180 days of the alleged discriminatory act. Complaints must be filed with HUD within:_______
Answers
Answer:
one year
Explanation:
In such a scenario you must file any discriminatory complaint within one year of the last date of the alleged discrimination under the Fair Housing Act. Most civil rights authorities have been known to allow complaints to be filed after one year for good cause, but for the Fair Housing Act complaints, the Office of Fair Housing and Equal Opportunity recommend filling as soon as possible in order for certain action to be able to take place.
When janelle decided to buy a new computer, she thought about all the brands she could recall seeing advertised, but when she visited her local best buy, she limited her search to only those brands she would consider buying. the brands available at best buy represent janelle's set.
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Situational influences are transient circumstances that have an impact on consumer behavior.They include tangible elements like a store's layout, buying areas, music, lighting, and even odors.Businesses work to improve the physical conditions that shoppers encounter.
What are the situational factors that could alter the consumer decision making at the time of purchase?The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items.Complex decision-making is what is meant when this occurs. Which of the aforementioned purchases would consumers be most likely to make with limited problem-solving.A regular coffee drinker's typical purchase is generally coffee to go.But problem solving skills will likely be reduced as a result of college courses. Physical surroundings, social surroundings, temporal perspective, task description, and antecedent state are the five components that make up situational factors. There are four different forms of consumer behavior: complex buying behavior, dissonance reduction, variety seeking, and habitual buying behavior. Consumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.Whether purchasing something, especially when it's something substantial like a car, consider your own thought process. When acquiring high-involvement products, buyers don't exhibit routine response behavior.Instead, they participate in what is known as prolonged problem solving, spending a lot of time weighing various factors such product features, costs, and warranties.To learn more about decision making refer
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Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company’s annual fixed costs are $629,000. The sales manager predicts that annual sales of the company’s product will soon reach 39,900 units and its price will increase to $199 per unit. According to the production manager, variable costs are expected to increase to $139 per unit, but fixed costs will remain at $629,000. The income tax rate is 25%. What amounts of pretax and after-tax income can the company expect to earn from these predicted changes? Prepare a forecasted contribution margin income statement.
Answers
Answer:
Following are the solution to the given question:
Explanation:
Income statement
sales \(39900\times 199 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 7940100\\\\\)
The less average cost of variable \(39900\times 139 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5546100 \\\\\)
margin for contribution \(2394000\\\\\)
Lesser fixed costs \(629000\\\\\)
Income from of the company or tax \(1765000 \\\\\)
Lower-income tax by \(25\%\) \(441250 \\\\\)
after-tax revenue \(1323750\\\\\)
when should an event programing be used
Answers
Answer:
The utilization of the given topic is summarized throughout the below section.
Explanation:
Event-driven programming language shall be used if the software doesn't somehow monitor the sequential order of such occurrence.The software circulation or activity was mostly directly guided to an external mechanism like a consumer or client (e.g. a GUI), a whole other method (e.g. a customer or a server).
How does an improvement in productivity affect a business's profit margin?
A. It increases the profit margin by lowering costs.
B. It decreases the profit margin by lowering costs.
C. It decreases the profit margin by raising costs.
D. It increases the profit margin by raising costs.
Answers
Answer:
it increases the profit margin by lowering costs
Explanation:
An improvement in productivity affects a business's profit margin as it increases the profit margin by lowering costs. Thus, option A is correct.
What is the profit margin?Profitability is gauged by profit margin. Estimating the profit as a proportion of revenue is used to calculate it. Gross profit margin, operating profit margin, and net profit margin are the three different forms of profit margins. Gross profit is multiplied by net sales to determine the gross profit margin.
A company may produce more goods without increasing expenses by boosting productivity. Producing more opens up the possibility of increasing sales, which in turn might boost earnings. In addition to improving overall earnings, higher productivity can raise a company's profit margin.
The profit margin of a company is impacted by an increase in productivity since it lowers expenses and raises the profit margin. Therefore, choice A is correct.
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what role do non-monetary considerations play in physical capital investment decisions as opposed to human capital investment decisions
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When it comes to physical capital investment decisions, non-monetary considerations play a significant role in the decision-making process. This is because physical capital investments involve
On the other hand, when it comes to human capital investment decisions, non-monetary considerations are also important but to a lesser extent compared to physical capital investments. This is because human capital investments typically involve a different set of factors such as the potential for skill development, employee satisfaction and retention, and the overall impact on the company's culture and values.
In conclusion, non-monetary considerations play a vital role in both physical and human capital investment decisions. However, the types of non-monetary considerations that are most important differ depending on the type of investment.
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Winner attends the opening of a new department store. All persons attending are given free raffle tickets for a watch worth $200. Disregarding any possible application of I.R.C Section 74, must Winner include anything within gross income when she wins the watch in the raffle?
Answers
Winner should be aware that receiving a prize or award, such as the watch from the raffle, can have tax implications and may need to be included in their gross income for tax purposes. It is always best to consult with a tax professional to ensure proper reporting of all income.
Winner must include the value of the watch, which is $200, in her gross income when she wins it in the raffle. This is because the watch is considered a prize or award that Winner received as a result of attending the opening of the new department store. According to the IRS, prizes and awards that are not received as compensation for services rendered are generally taxable income.
Disregarding any possible application of I.R.C Section 74, which addresses certain exceptions to the taxation of prizes and awards, Winner would still be required to include the value of the watch in her gross income. However, it is worth noting that there are some situations where prizes and awards may not be taxable, such as if they are given as a token of appreciation and have a low value.
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Which statements describe a Treble Clef correctly? Pick Two
Treble Clef is your right hand.
Treble Clef is your left hand.
Treble Clef sounds higher.
Treble Clef sounds lower.
Answers
Answer: c and a
Explanation:
I'll give 20 points if you just answer this riddle: You see a boat filled with people. It has not sunk, but when you look again you don’t see a single person on the boat. Why?
Nice doing "business" with ya!
Answers
Answer:
Everyone on the boat is married.
Explanation:
Why is money management important? How would you rate your own money management?
Answers
Answer:
because it has money
Explanation:
Answer:
Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.
Explanation:
Lucky company invested in debt securities and classified them as htm. at the end of the accounting period, the value of the investment appreciated by $10,500. the company should:_________
Answers
Lucky company invested in debt securities and classified them as htm. at the end of the accounting period, the value of the investment appreciated by $10,500. the company should disclose the fair market value in the notes.
What is disclosure fair value?
Fair value, as characterized by the Fair Value Estimations and Divulgences Point, is the cost that would be gotten to offer an resource or paid to exchange a obligation in an deliberate exchange between advertise members at the estimation dates. The Fair Value Measurements and Revelations Subject requires all resources and liabilities that are measured at reasonable esteem to be categorised inside the fair value pecking order. This three-level progression is based on the discernibleness of the inputs utilized within the fair value estimation. The levels of the fair value progression are characterized as follows.To know more about disclosure fair value visit:
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Which of the following is a clear benefit of international marketing? expands the customer base for products and services allows for product redesign for new markets makes it possible to hire employees from several cultures, which increases diversity and communication all of the above
Answers
Answer:
Expands the customer base for products and services
Explanation:
I think a benefit of clear international marketing is expanding the customer base for products and services.
Which aspect of diversity can be positive or negative? A (blank) can be negative or a positive.
Answers
Answer:
Positive aspects of diversity is that no one is the same. Everyone is their own person. There is no negative to diversity. It is the people themselves who think negativly of diversity often by discrimination.
Explanation:
i hope this helped and was on point and I'm sorry if it wasn't. I just stumbled on your question...
Answer:
stereotyping
Explanation:
What percentage of a participant's income are group long-term disability benefits amounts typically limited to?
Answers
The percentage of a participant's income is group long-term disability benefits amounts typically limited to 60%.
Depending on the particular policy and the rules of the plan sponsor, the amount of group long-term disability (LTD) payments that are normally limited to a participant's salary can change. However, a typical cap is 60% of the participant's earnings prior to incapacity.
As a result, if a person develops a condition that prevents them from working, they will receive LTD benefits equal to up to 60% of their pre-disability income.
It's vital to keep in mind that group LTD benefits may also be subject to additional restrictions and requirements, including minimum and maximum benefit amounts, waiting periods before benefits start, and benefit length.
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two rivers that helped China develop
Answers
primero el rio Amarillo (Huang He) en el norte, y más tarde el Yangtze en el sur.
Two great rivers run through China Proper: the Yellow River in the north, and the Yangtze (or Yangzi ) River to the south
pls be nice and answer this for me. in the middle of a test. 50 pts!
Nate received an unusually large requisition order from another department for a new type of material that they had not purchased before. He had a good relationship with the supplier so he sent the supplier an invoice for the order. What should Nate have done differently?
A. Solicited for a bid from the supplier
B. Solicited for a purchase order with the supplier
C. Ask the supplier for Verification for the requisition order
D. Used a new supplier since it was a new type of goods
Answers
Answer:
Solicited for a bid from the supplier.
Explanation:
Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.
What is supplier?
The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the transportation of those materials. Suppliers are the mediator of the supply chain.
A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.
As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.
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jm case inc. has a market value of $5 million with 500,000 shares outstanding. the book value of its equity is $1,750,000. what is jm case’s price per share?
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Jm case has a market value of $5 million with 500,000 shares outstanding. the book value of its equity is $1,750,000. $10 is jm case’s price per share.
You divide the market value of equity by the number of outstanding shares to get JM Case Inc.'s price per share. In this instance
Equity market value is $5,000,000.
There are 500,000 outstanding shares.
Price per share is calculated as Market Value of Equity /Amount of Outstanding Shares.
Price per share = $5,000,000/ 500,000.
Each share costs $10.
The price per share of JM Case Inc. is $10 as a result.
The market value of equity reflects how the market now perceives the company's value, which is influenced by variables like investor attitude, potential future growth, market conditions, and industry trends.
The net value of the company's assets after subtracting liabilities is what the book value of equity, on the other hand, which is generated from the financial statements of the business, reflects.
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Year: 1976 1995 2016 2020
Minimum Wage in Unadjusted Dollars: $2.30 $4.25 $7.25 $7.25
Year: 1976-2020 1995-2020 2016-2020
Inflation Rate Between Given Year and 2020: 365.52% 73.42% 7.93% 2.
Adjust each year’s minimum wage into 2020 dollars using the given inflation rates. Round values to two decimal places. Show your work in the space provided. (3 x 5pt = 15 pt)
1976:
1995:
2016:
Answers
The adjusted minimum wages in 2020 dollars are:
1976: $8.
to adjust each year's minimum wage into 2020 dollars, we will multiply the minimum wage in the given year by the corresponding inflation rate and divide it by 100 to get the percentage. here are the calculations:
1. for 1976:
inflation rate from 1976 to 2020: 365.52%
adjusted minimum wage = $2.30 * (365.52/100) = $8.39 (rounded to two decimal places)
2. for 1995:
inflation rate from 1995 to 2020: 73.42%
adjusted minimum wage = $4.25 * (73.42/100) = $3.12 (rounded to two decimal places)
3. for 2016:
inflation rate from 2016 to 2020: 7.93%
adjusted minimum wage = $7.25 * (7.93/100) = $0.58 (rounded to two decimal places) 39
1995: $3.12
2016: $0.58
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alfred krupp, john d. rockefeller, and andrew carnegie all created powerful businesses that became known as
Answers
Andrew Carnegie, John D. Rockefeller, and Alfred Krupp all founded successful corporations that came to be known as (B) monopolies.
What do we mean by monopoly?According to Irving Fisher, a monopoly is a market with a "lack of competition," leading to a situation where a specific individual or business is the only supplier of a specific good or service.
The term "monopoly" is derived from the Greek words "single, alone" and "to sell."
This contrasts with oligopoly and duopoly, which include a small number of vendors controlling a market, and monopsony, which refers to a single entity's dominance of a market to buy a good or service.
Monopolies are thus defined by a lack of viable substitute products, a lack of economic competition to produce the good or service, and the potential for a high monopoly price that is substantially beyond the seller's marginal cost and generates a high monopoly profit.
Therefore, Andrew Carnegie, John D. Rockefeller, and Alfred Krupp all founded successful corporations that came to be known as (B) monopolies.
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Complete question:
Alfred Krupp, John D. Rockefeller, and Andrew Carnegie all created powerful businesses that became known as...
a. cartels
b. monopolies
c. industry
d. mega-businesses
How much money did Amazon make on Cyber Monday?
Answers
This online shopping surge directly impacted Cyber Monday. Data from Adobe Analytics shows that customers spent $10.8 billion online during Cyber Monday.
Data in computing refers to information that has been converted into a format that is useful for transmission or processing. Data is information transformed into binary digital form for use with computers and transmission media of the present. Both the singular and plural forms of the subject data are acceptable. Computer science's analytics discipline looks for useful patterns in data using math, statistics, and machine learning. The process of analytics, also known as data analytics, entails sorting through enormous data sets to find, decipher, and share fresh information. Data analytics is the science of examining unprocessed data to draw inferences about that data. A company can increase productivity, maximize profit, or make better decisions based on data analytics to improve performance.
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Suppose the equilibrium aggregate price level and the equilibrium aggregate output are both falling. This is probably the effect of a(n) _____ in aggregate _____. decrease; supply decrease; demand increase; supply increase; demand
Answers
When both the equilibrium aggregate price level and the equilibrium aggregate output are falling, it indicates a decrease in aggregate demand. This means that consumers and businesses are buying fewer goods and services, causing a decrease in both prices and output.
If the equilibrium aggregate price level and the equilibrium aggregate output are both falling, it is likely due to a decrease in aggregate demand. This could be caused by factors such as a decrease in consumer spending, a decrease in government spending, a decrease in investment spending, or a decrease in net exports. As demand decreases, firms are left with unsold goods and inventories start to build up. In order to reduce inventories, firms reduce their production, which leads to a decrease in aggregate output. As output decreases, firms also lower their prices in order to stimulate demand, which leads to a decrease in the aggregate price level. Therefore, a decrease in aggregate demand can cause both output and prices to fall.
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